Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Moore Capital Management LP, managed by Louis Moore Bacon, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund increased its position by 22,657 shares.
Recent Updates on Alphabet Inc. Class C stock
Alphabet Class C (GOOG) has gained roughly 66%–73% over the past year, with modest recent pullbacks but generally positive 1‑month performance around the low‑$330s. Despite volatility, Wall Street keeps a StrongBuy consensus and average 12‑month targets near $366–$384, implying solid upside from current levels.
Analysts highlight 17% Search and 48% Cloud revenue growth, a revenue backlog near $240B, and 750M Gemini MAUs as key AI‑driven catalysts. Concerns focus on massive 2026 capex of $175–$185B and near‑term free‑cash‑flow pressure, yet top targets from $395 to $420 reflect confidence that AI, cloud, and Waymo can sustain multi‑year earnings and valuation expansion.
Spark’s Take on GOOG Stock
According to Spark, TipRanks’ AI Analyst, GOOG is a Outperform.
High score is driven primarily by strong financial performance (scaled profitability and earnings power) and supportive technical trend. This is tempered by premium valuation and earnings-call risks tied to a very large 2026 CapEx ramp and faster depreciation that may pressure near-term cash flow despite strong AI and Cloud momentum.
To see Spark’s full report on GOOG stock, click here.
More about Alphabet Inc. Class C
YTD Price Performance: -3.50%
Average Trading Volume: 24,241,549
Current Market Cap: $3657.9B